If you end up developing your own script, consider making a game out of it. I think a faucet would be more fun if it was some kind of a story behind, some quest, upgrade of characters, something like that. I think the return rate would be better because people forget less this way.

Would be glad to join if you made it this way

Good luck

I did actually. Made a test run last year on a farm we took over. I don't own it, just to be clear. The owner himself wasn't able to keep up with the work anymore due to older age. He tried to rent it out at first, but my friends an I, being the nice guys we are (just kidding  ), offered to help in exchange for him to show us how it all works. Long story short, I had no idea that there was so much work, we ended up "hiring" another guy who had more experience (paid him for the work he did). Towards the end he was less and less needed, so we actually made some progress.

There were quite a few issues though:
1. Rented machinery service - none of us could properly drive a tractor and its equipment
2. Too small to hire people full-time, too big for inexperienced guys
3. Profit was much lower than average, even for us (~1.6x of investments, compared to average 2.3-2.5x)

Overall I quite liked it, would like to do more. Being outside worked well for me

So, I am looking into renting out much more land and hiring people. This is easier said than done, thus all the research and questions.
We have offers to cooperate, basically start a business where the initial investments would be taken care of, but the % asked is way too high in my opinion, considering the fact that all the work would be done by us. In short, we'd be almost only employed there. I'd rather find an alternative. I have no problem with sharing the profit, but would like to co-own some part too. Need to get a bit creative here, as usually investors/vc want huge % since it's in such an early stage.

Thanks mate 😊


Totally agree, but it's too early atm. Still researching locations, local labor, maintenance costs, etc. But it should be definitely in Europe.



Whitepaper is a must, I completely agree here too. Of course people need more information, and more specifics.
However, I am pleased with the feedback so far. No flood with negative comments yet, but honest and constructive critique. Helps me identify some issues which I wasn't even aware of.

That being said, has anyone a rough idea on what marketing costs would pile up to? The experts and "gurus" we've talked to so far gave very vague ranges, from 100k-200k + shares/% - which to me is insane, honestly.

Alrigh, thanks for explaining. Not sure we are there yet.

I went through this site, and read the whitepaper. So, essentially I'd propose this as an idea, and then what happens? What would be the next step?

It's a bit unclear to me as how this would help my project idea. Can you elaborate, please?

Cool. What's your project?

Of course! Obviously I wouldn't be able to run everything on my own, even with all the know-how. A team is absolutely needed, a good team too.

Thanks 🙂

Of course, I totally get that. I think, as for now, I am still far away from putting this project live.
However, I'd like to measure the readiness and support of the crowd for such a project. Traditionally, a investor could be found and things could get going - which also means that there are limits in what can be done initially, due to a strict budget for example. But having support from a whole community is very different, the more support the more options and flexibility. For example on some things we could even vote on what to do next etc. Of course this has to be more structured, but the options are more flexible, I think

Need to look deeper into this. Thanks for the input!

Anyone invested in this? How did it go? Any results published anywhere?
I am interestend in seeing how the profit was distributed to the investors, maybe I could learn a thing or two from here.
Thanks @Taskford

You don't need blockchain to transfer funds for example, yet we have this beautiful thing called Bitcoin 🤣

Anyways, I am not here to argue, rather to gather some valuable feedback on how I could improve my idea.

Essentially, the blockchain would serve so that everyone can verify that the assests are actually yours. Then, maybe through smart contracts or similar, we could come up with a way to distribute profit to everyone involved. Now, I have to admit at this point that I have to figure out yet what the best way would be to distribute the shares and the profit to all share holders, so that is not defined yet.

And of course, we can't this here in Germany, would be to costly to produce something - as I am experiencing ot first hand. The perfect location for such a project is under research. I am sure you agree that such a thing needs to be researched and evaluated properly. And by properly I mean by an expert, not some developer like me.

That being said, I hope you understand that this is not a call for investment yet, more a research of the potential to this idea. Myself, I think it's worth giving a shot. However, I also understand that there are uncertainties here, and obstacles which I don't even know about yet. So I appreciate all comments, good or bad.

That is a very good idea, thanks for the input.
This would be in the platform, where you can see what you invested on, and also the progress. I like that!

Yes, I actually do. Last year I've adopted a small farming business of 5 ha, that was about to close. The people working there stayed, and it's going well now, it is recovering pretty well. To motivate the people I've joined then sometimes, this is where I discovered that I actually like it

I would like to create a small platform for farming financing/investment in farms.

Context:
Lately I've discovered a new passion of mine, growing vegetables indoors and outdoors. I am a developer, so normally I would not spend much time outside. But once I got hooked to planting stuff, I've discovered that it is fun, and I'd like to do more of this

Idea:
My idea is to start building greenhouses to grow vegetables all year round. Normally, we'd take a loan or find investors to finance the costy setup, then share the profit.
But I was thinking whether this could work as a blockchain project? So instead of having one bigger investor, how about opend it up for everyone to have their share?

Project:
The project would have three major phases:
1. Preparation work - platform for managing users/token holders and planted areas.
2. Build up infrastructure - greenhouse, irrigation system etc
3. Planting and growing veggies

Shares
I was thinking that if this project was financed by the "crowd", each backer of the project would hold some shares (maybe tokens?).  So the profit share that would go to investors would be distributed to all shareholders - like in a normal company.


So, what do you guys think about this? Any suggestions or ideas? Would you be interested in this? Anyone of you eager to collaborate?

Thanks for reading, and feel free to comment, all comments are appreciated!